Cable & Wireless Jamaica Selects Veraz and Verso for NGN Switching and Prepaid Deployment; Advanced Switching and Prepaid Infrastructure Enables Network for IP-based Service Applications

Business Wire, July 31, 2006

SAN JOSE, Calif. & ATLANTA -- Veraz Networks, Inc., a leading global provider of voice over IP (VoIP) softswitches, media gateways and digital compression products, and Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that they had been selected by Cable & Wireless Jamaica to provide an advanced NGN switching infrastructure and prepaid wireline solution. The deployment includes Veraz's ControlSwitch(TM) Softswitch and service delivery platform along with its I-Gate 4000 PRO media gateway and incorporates Verso's IP-based I-Master Application Server and Revenue Assurance Platform designed to deliver innovative prepaid features and services to subscribers. The turnkey solution was deployed and implemented within four weeks from the date of order.

Veraz's ControlSwitch provides Cable & Wireless with an advanced switching platform capable of integrating with and preserving legacy infrastructure. Verso's I-Master solution, via the convergence of calling card, prepaid wireline and Internet services, enables Cable & Wireless to aggressively target prepaid wireline, calling card and prepaid Internet services. Cable & Wireless recently embarked upon an aggressive plan to attract prepaid wireline subscribers with year-over-year growth of 100 percent. Additionally, Cable & Wireless plans to migrate all existing calling card traffic to the new platform.

"The solution is very impressive, allowing our networks to offer new IP-based services in just a matter of weeks," said Roger Richards, Senior Vice President, Internet, Voice & Data Services of Cable & Wireless. "We have been able to launch a new fixed line prepaid service leveraging existing distribution channels for calling cards, now widely available at many retail locations throughout the island. In addition, we have also been able to introduce several new electronic options for adding credit to accounts. This will certainly further enhance our leadership role in the provision of telecommunications services in Jamaica."

"Cable & Wireless Jamaica selected the solution because of the expedited deployment timeline, specific innovative services and features, and preferred payment options that support reversing the migration trend from prepaid wireless," said Doug Sabella, CEO of Veraz. "This is a classic example of how a service provider can rapidly implement our solutions to offer new services and immediately begin realizing a return on the investment."

"The prepaid solution enables Cable & Wireless Jamaica to launch new services with existing distribution channels for calling cards, paving the way for strong subscriber growth. In this environment, with intense price pressure, Cable & Wireless Jamaica has a revenue producing application that also creates customer loyalty via personalization," said Allen Draa, Vice President, I-Master Product Sales, Verso Technologies. "The plan is to use this as a model for deployment in various markets throughout the Caribbean. The forecast is promising, as this deployment is based on demonstrated Verso and Veraz success, with Cable & Wireless Jamaica approaching us after a similar, successful, large scale deployment with Cable & Wireless Panama," he added.

About Cable & Wireless Jamaica

Cable & Wireless Jamaica is a subsidiary of Cable & Wireless International which operates integrated telecommunications companies in 33 countries offering mobile, broadband, domestic and international fixed line services to residential and business customers, with principal operations in the Caribbean, Panama, Macau, Channel Islands and Monaco.

For more information about Cable & Wireless Jamaica, go to: www.cwjamaica.com.

About Veraz Networks, Inc.

Veraz (www.veraznetworks.com) is a leading global provider of voice over IP (VoIP) softswitches, media gateways and digital compression products to wireline, broadband and wireless service providers. Veraz compression and switching solutions optimize voice quality and network efficiency. When combined with Veraz programmable service platforms, the result is a service infrastructure that is responsive to changing demands of end users, regulators and the marketplace. Veraz solutions enable service providers to quickly and efficiently migrate from traditional voice networks to all-IP, fixed-mobile and multi-media networks consistent with emerging IMS standards. Veraz is a trusted supplier to service providers with VOIP deployments in over 50 countries.

About Verso Technologies

Verso is a global provider of Next Generation Network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. Verso products enable our customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Our applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678-589-3653.